Here’s How Much XRP You Need to Make $1M, $5M, $10M If XRP Hits $1, $3, $5 or $10

XRP has the potential for substantial returns, with market participants constantly evaluating how much they need to net profits of $1M, $5M or $10M should the asset hit certain price targets.

This article provides insights into the amount required for investors to net $1 million, $5 million and $10 million if XRP ever clinches lofty price targets such as $1, $3, $5 or $10.

XRP Needed to Make $1M, $5M, or $10M at $1

The last time XRP saw the $1 price was in December 2021. XRP Captain, a prominent figure in the XRP community, has projected that XRP may soon reach $1, citing the ASO indicator.

If XRP hits $1, an investor holding 1 million tokens would be sitting on $1 million. These 1 million tokens are currently worth $515,800. For a $5 million return when XRP reaches $1, an investor would need 5 million tokens, currently worth $2,579,000.

However, to secure $10 million when XRP reaches $1, an investor would need to hold 10 million tokens. These tokens are currently worth $5,158,000.

XRP Needed to Make $1M, $5M, or $10M at $3

Earlier this month, prominent analyst EGRAG called attention to XRP’s Weekly Volume Profile Visible Range (VPVR). The analyst highlighted two crucial structures within this metric, projecting a surge to $3.

At $3 per XRP, an investor holding approximately 333,333 tokens would be sitting on $1 million. These tokens can be purchased for approximately $171,933 at XRP’s current price. 

For a $5 million return at $3, an investor would need 1,666,667 XRP tokens, currently worth $859,666. To secure $10 million when XRP reaches $3, one must hold 3,333,333 tokens, currently worth around $1,719,271.

XRP Needed to Make $1M, $5M, or $10M at $5

Shortly after XRP gained legal clarity in the United States from Judge Torres’ July 13 ruling, bullish projections emerged. As a consequence, in July, several industry leaders gave their opinion on the possibility of XRP reaching $5.

Should XRP hit the ambitious $5 target, an investor holding 200,000 tokens would be sitting on $1 million. These tokens can be acquired for approximately $103,160 at XRP’s current price.

For a $5 million return at $5, such an investor would need 1,000,000 XRP tokens. The 1,000,000 tokens are worth $515,800 against prevalent rates. In addition, for $10 million when XRP reaches $5, an investor would need 2,000,000 tokens, currently worth around $1,031,600.

XRP Needed to Make $1M, $5M, or $10M at $10

In August, market watcher Alex Cobb highlighted a symmetrical triangle that XRP has been trading in for six years. The analyst predicted that the asset is poised for a breakout of this triangle, with a target of $10. 

If XRP hits $10, an investor holding 100,000 tokens would be sitting on $1 million. These tokens can be purchased for approximately $51,580 at XRP’s current price. A $5 million return at $10 would require 500,000 XRP tokens. The 500,000 tokens are currently valued at $257,900.

To secure $10 million if XRP reaches $10, an investor would need 1,000,000 tokens, currently worth around $515,800.

These calculations expose the amount of XRP required to achieve various goals at different targets. However, this should not serve as investment advice, as there is no guarantee that XRP can claim these targets. Investors should conduct research and seek professional financial advice before making any investment.